Nexstar Celebrates 10 years of Trading on NASDAQ

Nexstar Celebrates 10 years of Trading on NASDAQ

"When you think about Nexstar we think of a company that has been successful reaching milestones, but it's not possible with hard work of more than 3,000 employees."

WHAG NEWS -Nexstar Broadcasting Group Inc. Chairman, President and CEO Perry Sook rang the opening bell at NASDAQ Market site on Times Square in New York City Tuesday morning to celebrate 10 years of trading on NASDAQ.

Nexstar was founded in 1996 in Scranton, Pennsylvania with the purchase of a single station and went public in November in 2003. It has grown to become one of the top 15 Television broadcasters in the United States.

In the last two years, including acquisitions awaiting regulatory approval, Nexstar has acquired 49 television stations and two digital media companies totaling more than $826.2 million, nearly doubling the size of its portfolio.

WHAG spoke to Sook on the floor of NASDAQ.

"When you think about Nexstar we think of a company that has been successful reaching milestones, but it's not possible with hard work of more than 3,000 employees and while Nexstar is company name we are really a collection of local serving 20 states across the United Stares. At our very heart we are a local business that happens to be publicly traded."